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QUESTION

Finance 330

Find Number of Periods or Find Growth Rate

Upon graduating from college, you make an annual salary of  $69,997. You set a goal to double it in the future. If your salary increases at an average annual rate of 3.34 percent, how long will it take to reach your goal?

Round the answer to two decimal places.

Please show answer, formula you used to do work. Thank you. 

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